Industry Acronyms
Common abbreviations used in sales, marketing, and data operations. Quick reference for industry terminology to help you navigate B2B communications.
Sales
14 termsACV
Annual Contract Value
The average annual revenue generated from a single customer contract.
Used to measure the value of subscription-based contracts on an annual basis.
AE
Account Executive
A sales professional responsible for closing deals and managing customer relationships.
Typically handles qualified opportunities and drives revenue generation.
ARR
Annual Recurring Revenue
The predictable revenue that a company expects to receive annually from subscriptions.
Key metric for SaaS and subscription-based businesses.
BANT
Budget, Authority, Need, Timeline
A sales qualification framework to determine if a prospect is worth pursuing.
Helps sales teams qualify leads by assessing four key criteria.
BDR
Business Development Representative
Similar to SDR, focuses on generating new business opportunities.
Often focuses on outbound prospecting and initial qualification.
CAC
Customer Acquisition Cost
The total cost of acquiring a new customer, including marketing and sales expenses.
Critical metric for determining the efficiency of sales and marketing efforts.
LTV
Lifetime Value
The total revenue expected from a customer over their entire relationship with a company.
Used to determine how much to invest in customer acquisition and retention.
MQL
Marketing Qualified Lead
A lead deemed more likely to become a customer based on marketing activities.
Indicates leads that are ready to be passed from marketing to sales.
MRR
Monthly Recurring Revenue
The predictable revenue that a company expects to receive every month.
Used to track growth and predict future revenue for subscription businesses.
POC
Proof of Concept
A demonstration to verify that a solution will work for the customer.
Often used in enterprise sales to validate solutions before purchase.
QBR
Quarterly Business Review
A strategic meeting between a vendor and customer to review performance and plan ahead.
Helps maintain customer relationships and identify upsell opportunities.
RFP
Request for Proposal
A business document that announces a project and solicits bids from qualified contractors.
Common in enterprise and government sales processes.
SDR
Sales Development Representative
A sales team member focused on outbound prospecting and lead qualification.
Often the first point of contact in the B2B sales process.
SQL
Sales Qualified Lead
A prospective customer vetted by both marketing and sales teams as ready for direct sales follow-up.
Represents leads that have been qualified and are ready for sales engagement.
Marketing
15 termsABM
Account-Based Marketing
A strategic approach targeting specific high-value accounts with personalized campaigns.
Common in B2B marketing for enterprise accounts.
CMS
Content Management System
Software that helps users create, manage, and modify content on websites.
Examples include WordPress, Drupal, and HubSpot CMS.
CPA
Cost Per Acquisition
The aggregate cost to acquire one customer through a specific channel or campaign.
Helps evaluate the effectiveness of different marketing channels.
CPC
Cost Per Click
The price paid for each click in a pay-per-click advertising campaign.
Used to measure the cost-effectiveness of online advertising campaigns.
CPM
Cost Per Mille (Thousand)
The cost of 1,000 advertisement impressions.
Common pricing model for display advertising and brand awareness campaigns.
CRO
Conversion Rate Optimization
The systematic process of increasing the percentage of website visitors who take desired actions.
Focuses on improving website elements to increase conversions.
CTR
Click-Through Rate
The percentage of people who click on a specific link out of total viewers.
Measures the effectiveness of online advertising and email campaigns.
ESP
Email Service Provider
A company that offers email marketing or bulk email services.
Platforms like Mailchimp, SendGrid, and Constant Contact.
GTM
Go-To-Market
The strategy for bringing a product to market and reaching target customers.
Encompasses sales, marketing, and product strategies.
PPC
Pay-Per-Click
An advertising model where advertisers pay each time a user clicks on their ad.
Common in search engine and social media advertising.
ROAS
Return on Ad Spend
Revenue generated for every dollar spent on advertising.
Key metric for evaluating advertising campaign profitability.
SEM
Search Engine Marketing
Marketing through paid advertisements appearing on search engine results pages.
Encompasses both SEO and paid search advertising strategies.
SEO
Search Engine Optimization
The practice of optimizing websites to rank higher in search engine results.
Essential for organic traffic generation and online visibility.
SERP
Search Engine Results Page
The page displayed by search engines in response to a user query.
Understanding SERP features is crucial for SEO strategy.
UGC
User-Generated Content
Content created by users rather than brands, such as reviews and social media posts.
Valuable for building trust and authenticity in marketing.
Technical
15 termsAPI
Application Programming Interface
A set of protocols and tools for building software applications and enabling system integration.
Allows different software systems to communicate and share data.
CRM
Customer Relationship Management
Technology for managing all company relationships and interactions with customers.
Central database for customer information and interaction history.
CSV
Comma-Separated Values
A file format that stores tabular data in plain text form.
Common format for data import/export between different systems.
ETL
Extract, Transform, Load
The process of copying data from source systems and loading it into a data warehouse.
Essential for data integration and business intelligence.
IDE
Integrated Development Environment
Software application providing comprehensive facilities for software development.
Examples include Visual Studio Code, IntelliJ IDEA.
JSON
JavaScript Object Notation
A lightweight data interchange format that is easy for humans to read and write.
Standard format for API responses and data exchange.
REST
Representational State Transfer
An architectural style for designing networked applications.
Common approach for building web services and APIs.
SaaS
Software as a Service
Software distribution model where applications are hosted by a service provider.
Cloud-based software accessed via subscription.
SDK
Software Development Kit
A collection of software development tools for creating applications.
Provides tools and libraries for developing on specific platforms.
SFTP
Secure File Transfer Protocol
A network protocol for secure file transfer over a secure connection.
Used for secure data exchange between systems.
SQL
Structured Query Language
A programming language designed for managing data in relational databases.
Standard language for database operations and queries.
SSL
Secure Sockets Layer
Security technology for establishing encrypted links between web servers and browsers.
Essential for secure data transmission on the web.
UI
User Interface
The visual elements through which users interact with a product or service.
Encompasses all visual and interactive elements of software.
UX
User Experience
The overall experience of a person using a product, especially in terms of ease of use.
Focuses on optimizing products for effective and enjoyable use.
XML
Extensible Markup Language
A markup language that defines rules for encoding documents.
Used for data storage and transport between systems.
Compliance
12 termsCAN-SPAM
Controlling the Assault of Non-Solicited Pornography And Marketing
US law establishing requirements for commercial email messages.
Sets rules for commercial email and establishes penalties for violations.
CCPA
California Consumer Privacy Act
California state law that enhances privacy rights and consumer protection.
Gives California residents rights over their personal information.
DPA
Data Processing Agreement
A legally binding document regarding data processing and protection.
Required between data controllers and data processors under GDPR.
GDPR
General Data Protection Regulation
EU regulation on data protection and privacy for individuals within the European Union.
Requires explicit consent for data collection and provides right to data deletion.
HIPAA
Health Insurance Portability and Accountability Act
US law providing data privacy and security for medical information.
Critical for companies handling healthcare data.
MSA
Master Service Agreement
Contract that establishes terms governing future transactions between parties.
Streamlines future agreements between business partners.
NDA
Non-Disclosure Agreement
Legal contract establishing confidential relationships between parties.
Common in business partnerships and vendor relationships.
PCI DSS
Payment Card Industry Data Security Standard
Security standards for organizations handling credit card information.
Required for businesses processing credit card payments.
PII
Personally Identifiable Information
Information that can be used to identify a specific individual.
Must be protected under various privacy laws and regulations.
SLA
Service Level Agreement
Contract defining the level of service expected from a service provider.
Specifies metrics like uptime, responsiveness, and responsibilities.
SOC 2
Service Organization Control 2
Auditing procedure ensuring service providers securely manage data.
Important certification for SaaS and cloud computing companies.
T&C
Terms and Conditions
Legal agreements between a service provider and user.
Defines rules and guidelines for using a service or product.
Analytics
14 termsAOV
Average Order Value
The average dollar amount spent each time a customer places an order.
Key metric for e-commerce and retail businesses.
ARPU
Average Revenue Per User
The average revenue generated per user or customer.
Common metric in subscription and telecommunications businesses.
CES
Customer Effort Score
Measures how much effort customers must exert to use a product or service.
Lower scores indicate better customer experience.
CLV
Customer Lifetime Value
The total worth of a customer to a business over their entire relationship.
Same as LTV, used to determine customer acquisition investment.
CSAT
Customer Satisfaction Score
A metric measuring customer satisfaction with a product or service.
Typically measured through surveys after customer interactions.
DAU
Daily Active Users
The number of unique users who engage with a product in a day.
Critical metric for apps and online platforms.
GA
Google Analytics
Web analytics service offered by Google to track website traffic.
Industry standard for website analytics and user behavior tracking.
KPI
Key Performance Indicator
A measurable value demonstrating how effectively objectives are being achieved.
Used to evaluate success and guide decision-making.
MAU
Monthly Active Users
The number of unique users who engage with a product in a month.
Used to measure user engagement and product stickiness.
MoM
Month over Month
A comparison of statistics for one month to the previous month.
Used to identify short-term trends and seasonal patterns.
NPS
Net Promoter Score
A metric measuring customer loyalty and likelihood to recommend.
Calculated by subtracting percentage of detractors from promoters.
QoQ
Quarter over Quarter
A comparison of statistics for one quarter to the previous quarter.
Common in financial reporting and business performance analysis.
ROI
Return on Investment
A performance measure used to evaluate the efficiency of an investment.
Calculates the benefit received from an investment relative to its cost.
YoY
Year over Year
A comparison of statistics for one period to the same period the previous year.
Common method for analyzing growth and performance trends.